Westpac: We’re back! …with an $8 billion commitment to sustainability
By Tina Perinotto 19 February 2013 – Westpac last night (Monday) launched a dramatic new sustainability strategy it says will be worth $8 billion over the next five years, doubling its investments in clean technology, environmental services and including $2 billion for social and affordable housing. The announcement signals that for corporate Australia, sustainability is now firmly back on the agenda, after slipping from the radar last year. The package will include lending and investment for renewable energy, energy efficiency, green buildings, waste, water, carbon farming and sustainable forestry activities and land rehabilitation. “For an activity to be deemed ‘green’ …